norcraft cabinetry

Management

4 Things to Watch: Payroll, Lumber & Panel Hikes, Biofuel, and What Happened To....

Four things to watch: Pay rates will be pressured upward, as firms add benefits, base pay rises at retailers, and White House executive orders mandate increases. With 215,000 new jobs added in July, expect more competition for workers. Also on the watch: upward pressure on lumber and panel prices by housing's recovery, and now, with the EPA plan mandating CO2 reductions, U.S. utilities could follow Europe's elad and burn CO2 neutral wood chips - competing with MDF, plywood and OSB for raw material.